So much good news on Bitcoin but yet the price of Bitcoin goes down

So what happening with Bitcoin? According to the news in regard to Bitcoin, now a day there are so many good news about Bitcoin development, so many business are interested and some adopted it already, some are thinking about it, and very little are still skeptical about Bitcoin.

With the news that silk road operator goes to jail and the FBI agents whom investigate silk road took or stolen some of the Bitcoin at the time and cash it to at least $800,000 during the time are also in hot water now and probably will be on trial and prison sentence soon. Almost seems like Bitcoin is a drug in this case.

Back to the price of Bitcoin, why is it going down? well it’s not really going down, it’s been hovering between $200 and close to $300 for a month. At least it’s not down down to like $100s, so maybe it stabilize at $200-$300, lower than this value would trigger lots of buy volume. No one really know, just speculation where the rich with money buy and sell pretty quick since to them is high risk.

So who won those Bitcoins that government auctioned? yep two winners, are they selling it little by little? possibly.

What happen to Bitcoin mining? for sure it’s not for profit anymore. For those that think they can purchase bitcoin ming to make money, it’s not possible today and maybe not in a year or two. However you can mine and just save your Bitcoin, don’t sell it, otherwise it’s a loss; this is if you can afford electricity and get the miner cheap, to me, it’s better to buy Bitcoin directly and save it. Mining still happening for bigger commercial mining farm, such as the early adopter, meaning people whom had been mining for a long time and profit quite a bit of money already and able to afford electricity and equipment. For new mining farm, it’s probably not a good idea.

What’s the latest with cointellect.com SCAM?

I hope that today nobody are falling for this scam from cointellect.com The affiliates websites that advertise and promotes cointellect to get commission are as worst as cointellect themselves. Today many affiliate websites that advertise and promote cointellect has been deleted, disappeared, and no one know who they are or can’t a thing about it, here today, gone tomorrow. You loose your money due to those affiliates websites promoting cointellect investments speaking good things about cointellect to get you in and they profit a big 10-20% commission and you get a painful death. They don’t care who are, all they care is about getting you in to get money off of you then disappear the next day, and not a damn thing you can do about it.

Cointellect.com as of today, many people reported that the office of cointellect is emptied, no one there, they left, deserted, and not much information about them can be retrieved, except maybe contact the parent company whom finance cointellect, but I’m sure they have better lawyers because they’re rich. The only thing that you could do probably is file a complaint or petition with the FTC or government, get a lot of people to involve and let the authority handle it.

I even came across to some forums even talks about hiring a lawyer, but to be honest with you, it’s a waste of time and money. Lawyer cannot win this case easily, and I’m sorry to say those that got scammed are the one that make the mistake, a lesson learn for many. Authority not going to step in if the loss is not in the millions of dollars $, or life death, or drugs smuggling are involve. Lawyer will be just for show, they don’t guaranteed success, and in this case, just for time and money.

This is another hard learning lesson for many, investing in unknown program so call HYIP high yield investment program which is an obvious ponzi scam, here today gone tomorrow. The sad thing about this is that people kept on falling for the same trick over and over again. As the program near it ending, a new one already started and people again will fall into it again and again. Some succeed, many failed.

Once again, many months ago from day one, I’ve already stated cointellect is just like coingeneration ipuservice coinbeez and so on, but does anyone believe? probably not too many people, but even if they know it’s a scam they still want to check it out, sadly a hard learned lesson for many that invested thousands.

PERK TV does not have the right to obtain your Government photo ID or passport you are at risk if you already sent

As more and more people are reporting Perk TV anti fraud system cancelled their reward for no specific reasons, most reasons are not legitimate at all and some reasons are just so lame such as opening an email from a different address, login from another computer different computer IP like your friends house and so on. Perk TV cancelled reward of people hard earning money and asking for government ID such as passport and Driver License in which the authority said it’s not a thing to do.

The authority such as Police department does not recommend make a photocopy of your car driver license or passport and send to Perk TV because it’s a violation on Perk TV side, eventually the authority will catch up and get PERK TV to court. Perk TV isn’t a business that would need to hold a copy of people’s Governmen ID or car driver license. Perk TV may use it for fraud later in the future and nobody can do anything about it because it’s too late, on top of that your government ID and passport can be sold to terrorist to travel and harm people around the world. Now if Perk TV is financial related business or have some kind of connection to the government then it might be ok to send a copy of your ID to them. Apparently PERK TV isn’t any of those to be trusted with your Government issued ID, as it can be sold and leak for terrorist activities around the world including the ISIS, Taliban and so on. If you already sent your ID to PERK TV, you may want to contact the authority and talk about Perk TV obtaining your Government Passport or ID.

OK now let’s back to business. So we know that Perk TV is being iffy lately and it can only get worst and worst. The alternative are out there, such as Swagbucks. However the same could happen to swagbucks like Perk TV as more and more people come onboard and some people may find ways to maximize their earnings and could violate terms of service, but if you just download the app and then watch, then you’re fine. There are at least six Swagbucks related apps that earn your points for watching videos passively. You’ll find it.

The bottom line is, not just Perk TV, Swagbucks, and probably many others out there, will take advantage of their program to collect your personal information. These online business already have your personal information, but now they want to collect your Personal Identification such as Car Driver license and Passport, it’s a very bad idea! Only banks or financial institution would kept a copy of your driver license or Passport whatever needed for identity. If you go to the POLICE station or contact the Government about PERK TV obtaining people’s identity for sure you they will say you just got your identity stolen and can be sold to terrorist. So please people take action and if you submitted your Passport or Car driver License to Perk TV, you better contact the authority to investigate. You should only show your ID, not make a photocopy of your Driver License or Passport and send to PERK TV, it’s like making a copy of your credit card back and front and send it to your trusted neighbor, but can you trust? how do you know they will be there the next day?

Perk TV doesn’t need a copy of your Driver License, ID, Passport to confirm your identity, there are many other ways. If you’re ignorant enough not to know, let me name a few.

  • Internet ISP bill, a copy of this information is not as invasive as Government ID. This ISP (Internet Service Provider) should be enough to proof identity and internet IP being use to access PERK TV services.
  • Phone Bill, Cable Bill, Utilities Bill and other bills, again, not as invasive as Government issued ID.
  • Mail a confirmation letter to member’s home address, and members return letter back to confirm.
  • Need I need to mention more? Again those that already mailed your ID to PERK TV you better contact the authority and perhaps the NSA to let them know. Are you that desperate to make a couple $2 a day and risk loosing your personal identity to hackers and possibly sold online everywhere and could get on to the terrorist hand to make a copy of your identity for their own use of terrorist activities?
perk-tv-collecting-members-identity

perk-tv-collecting-members-identity

 

Perk TV cancelled Rewards for Verizon Fios Static IP

I have came across many forums and blogs that talks about Perk TV, and there has been a lot of negative comments about Perk TV, although there are some positive.

Let start with the positive comments, well kind of. A few people are saying it’s the Perk TV farm people are destroying the infrastructure of Perk TV. Meaning running multiple devices (5) some using fast forward or some kind of macros similar to Perk to auto click YES still watching or simply by resetting the cache and data from their phone every 1 hour or so to prevent popup asking for YES. These are the folks that are trying to maximize the earning by finding loop holes and so on. I think this is true that these people are really destroying PERK TV business, eventually the points earned will be less and less and eventually will go away. The same # of advertisers stay consistent, but the # of Perk TV devices or people watching it increased, therefore the earning has to be decreased to keep up with the advertisers paid to watch.

Now the negative side. A lot more people felt the opposite of the above, and in addition to the point of this blog.

  • A lot of people feel that Perk TV are getting paid from advertisers consistently and more and more advertisers are being added as many already seen it by watching the app trailers, movies trailers, popular videos and so on. There are always new video clips, this proven that Perk TV are making more money but appears to be paying members watching it less.
  • Now come the reward cancelled. Reward cancelled due to many reasons and it include for no reason, kind of, Perk TV reserve the right to cancel your reward due to whatever they will not say. Many reasons are legitimate and some are not. When members tried to resolve, sometime it takes days and weeks, and the Government Identification for some people it’s ok, for many think its private information should only be given a copy to law enforcement and government agencies. Showing your ID is different from making a photo copy and send it to someone, in this Perk TV.
  • VPS and Proxies should get reward cancelled, many would agreed. However static IP given by your ISP should not be.
    • Lately a lot of members whom are using Verizon Fios business account with static IPs, meaning a group of static IP was given by Verizon Fios range from 10-60 for example, 455.45.45.10 to 455.45.45.60 and each apartment have one static IP assigned or per office or desktop computer router etc. Basically each user have their own unique static IP. Somehow PERK TV does not like this or got flagged and Reward Cancelled, there are folks that ran into this problem with $50 reward cancelled and was never able to resolve, Perk TV simply say they need the person’s Government ID for verification. The user didn’t do anything wrong, it’s the IP address that got flagged.
    • Others with static IP might experience same problem and Perk TV is not helping to resolve. Perk TV system for reward cancelled for many of these members are simply ridiculous and they’re not changing their anti-fraud system for this, and in fact there are more and more anti-fraud being added and many of legitimate members are being impacted.
    • The sad thing about this is that some members been Perk TV for months to get $50 and when reward requested, it got cancelled and the members spent numerous hours waiting days and weeks and in the end gave up, loss $50 and so many valuable time with Perk TV get nothing in reward. These are concerns Advertisers to Perk TV should look into, otherwise it’s scam fraud on Perk TV stealing member’s earning.
Perk TV cancelled member's reward earning for using static IP given by ISP such as verizon fios business static IP

Perk TV cancelled member’s reward earning for using static IP given by ISP such as verizon fios business static IP

Was the news in regard deep-web $12 million worth of Bitcoin disappeared sends Bitcoin price down?

If you’ve been following Bitcoin news, you will notice news about deep-web, to be honest, I don’t really know what deep-web but I’m guessing another of those crypto currencies related website off course. This deep-web operators disappeared with $12 million worth of Bitcoin, whether it’s cash or Bitcoin 100% I don’t know. All I know is that the news released and the price of Bitcoin tumbled, dropped from almost $300 down to 250 as low as 249 the same day.

However the same daym Bitcoin recovered a bit to upper 250s and now 260s, that’s pretty recovery. So as we can see, now Bitcoin does react to news related to it. The past few weeks, Bitcoin price shy from reaching $300 with just a couple dollars, at one point was $299. $1000 is just way to far away! but wait! if we look back 2-3 years ago, Bitcoin was at $50, and we though it’s highest ever, then it jumped to $100, then eventually to $1000 within just a couple of months, then it started to declined, indeed it was a bubble.

So bubble had been over for quite sometime now, and we still don’t know the norm. price at the moment, most though it was at $500, then some say $1000, then many say $100. Bitcoin never meant to go up that fast that high, it was a bubble waiting to get pop and off course at volatile stage. Look like the norm is $200-$500

Well as many guess the average Bitcoin will hit $1000 again is within 2-3 years, I think it’s an optimistic prediction, guesstimate.

So what’s the latest on Cointellect scam?

I have not written much about cointellect lately, but I’ve been monitoring its activities from many others forums, blogs and off course social media such as facebook.

It is no surprise that many of the top earners referrals still going strong trying to get people into cointellect to buy contract so they can profit with a big referral bonus, while letting the people who got in suffer. These are the referrals people that joined cointellect from the beginning and earned much money from referring people into cointellect, they make money for each referrals earned and also a one time 10-20% if I recall back correctly. I could have mistaken the referrals % with coingeneration.com

Sadly many people already know this is a ponzi scheme scam, fraud your money, but they still doing it. Again, it’s those greedy people that want to refers more people into cointellect and let them suffer while the referrals pocket good amount of money and doesn’t care or need to do anything else, in fact some of the referrers calling the people whom purchased cointellect contract stupid as it the fault of the people buy them.

Now let get to the business side of cointellect.

  • Yes Bitcoin price had fallen, but it’s moving up a little bit. Cointellect uses this advantage to change its plan and stop paying old contract and allow people to request refund, but had anyone confirmed to get their Bitcoin refunded? For those that are lucky to have a good credit card company will fight to get the money back, may have their fund frozen, but it will takes months, and hope cointellect don’t fight back to win over your bank.
  • Swiss Card? – have anyone confirmed of receiving the Swiss Card? I don’t think so, and it’s been months since the announcement. If anyone filled out those forms for Swiss Card, probably got their identity stolen, and I hope that you don’t send a picture of you holding your ID and send it to them also.
  • Mining? – no more pool mining on ASiC, as I’ve mentioned on many of my previous blog that cointellect asic mining will end soon and indeed it did. Today mining with their software so call “Coinminer” is not a good idea, we don’t really know what it mining or what it do, but it does use up a good portion of CPU usage depend on your settings 0-100%, and NO I don’t think it uses the GPU much, FAKE. As for cointellect datacenter with a live webcam? As I’ve already mentioned, it’s fake, just a video looping making it realistic with door open and close and light flashing randomly.
  • Earning changes? – yeah it changed big time, and it’s NOT what indicated in the chart. You will earn a lot less if you purchase a contract. This is for new members, for old members you’re earning nothing, it’s funny sometime to see your balance in the hundreds and even thousands but you can only withdraw 10 cent. If cointellect are doing this to the old members, what makes you think they will not do it to the newer members? Their terms of service changes overnight without any notice, they reserve the right to do so, you can’t do anything to change that.
  • Employees at cointellect? – it’s funny that I got a couple email from them, but I don’t really know if it’s from them or some referrers people profit from cointellect … asking me to stop talking about cointellect is scam, stop posting link and pictures or else I will get arrested, they will report me with my blog to the police. So funny. I hope that person or persons success with cointellect scamming more people and their life will be successful scamming, don’t know how they can sleep at night, or know where their career is heading.
  • Lack of communication? – if there is communication at all from cointellect. Every communication news cointellect posted are just stories using words such as we “will”, “soon”, “big plan” coming … so on and so forth. No different than coingeneration.com communication. “soon” we will pay all members in full, “soon” as in soon we will live on mars more like it. I have not seen cointellect deliver what they promised. Please don’t tell me that cointellect was working great at the beginning and because of bitcoin price drop which led to cointellect being iffy today. If so, this is indeed a ponzi, it is how ponzi scheme work, great pay out at the beginning to get lots of people invest, then run away with their money.

Bottom line, for those of you who plan to invest with cointellect. I think it’s better that you buy bitcoin directly at whatever price it is at the moment and forget about it, less head ache, wasting less time. If bitcoin down, just giggle, if it goes up be happy and you can sell it if you want or just watch it go up and down. Don’t invest or buy a contract at cointellect, it will give you more grieves than enjoying your daily life. If you’re a risk taker then go gambling, don’t gamble with cointellect, you will loose and dies slowly miserably, while gambling at casino you can win and loose big within seconds – quick painless death 🙂

 

[SCAM] ClikRev.com zero balance and no longer registered with Paypal

No surprise I guess for those that tried ClikRev.com, it became scam a couple days ago and today Paypal confirmed that ClikRev no longer active or registered with Paypal. So if you’re one of the lucky one that purchased ad packs using Paypal, you’re probably going to get it back soon, don’t know how soon though.

If you’re using other payments such as Perfect Money and so on, payments that cannot be reversed, then you are screwed unfortunately, you just loss your money with clikrev, this is how this type of scam operate, they trick users using Paypal but the real profit is when their other payments processors risen above paypal, then they will run away with their other payments methods that are not paypal, while they will just leave paypal and let paypal handle the fraud reversal mitigation, meaning members claimed dispute with paypal will get their money back.

People should be vigilant with these type of business online, lots of scam and fraudulent, either you will waste enormous amount of time which you can do something a lot more better than clicking, on top of that you will loose your money and having a bad flag on your paypal account even if it wasn’t your fault.

[due to asia holiday] bestreviewapp.com not paying and unresponsive

Update: *** appears to be Asian or Chinese business *** they’re celebrating one week of new year, indicating they should be back today Monday beginning of a new week. I’m not sure how will they fulfill backlog if they don’t even have a skeleton crew or at least check support email once in a while a simple away message would be helpful, but total silent.

Just like many people predicted. This Android IOS App review is a fake, bestreviewapp.com, paying people to write fake review on Google App and Apple Itune IOS App. Most like this bestreviewapp.com got reported and a few members already know they will not last long. Some people did get paid nicely at the beginning, but just like any other funny business online, it will not last long.

People are reporting that they spent money to download the app for like $2, and expect to get paid $3, that’s $1 profit for each app reviewed. The review has to be 4-5 stars and related to the app, not just any review. Well folks apparently a lot of people fall for this, but it didn’t last long paying has been halted and support is unresponsive.

bestreviewapp.com SCAM shouldn’t be a surprise to many people. The website is very unprofessional, like those Turnkey scripts make money quick scam scripts kind of thing. Unfortunately due to the referrals % a lot of members went on the internet spread it all over and got people to join and invest money to make 30% profit easy for writing reviews. SCAM now, and there will more like it around the corner.

It’s sad for those that don’t see this. It’s sad for those people who will be buying these apps that had fake review both on itune and Android. Here are list of Apps that have fake reviews. So don’t buy these apps, it has fake high rating reviews.

IOS:

Music Download Pro – Mp3 Downloader, Player for SoundCloud®

Cash Register

SmartSwipe – Credit Card Processing – Swiper – Machine – Terminal – Scanner – Wireless – Readers – A

Rise Wars Lite [ Risk game ]

Free Play with Farm Animals Cartoon Jigsaw Game for toddlers and preschoolers

Let It Pass!
iCarb Carbohydrate Counter

Milo’s Free Safari Cartoon

Andoid:

Partner Treff Online

Block Clans – Gun Survival PE

Monster Stones

Battle Dome – Survival Shooter

Freddy -Block Survival Shooter

Space Wars – Star Survival PE

Block Wipeout – Survival Game

Dungeon Arena – Survival Block

Spleef -Survival Block Shooter

Splegg – Egg Survival Game PE

Mega Walls – Block Survival 3D

CastleWars – Battle Survival

MorseLight Pro

Newborn Baby & Mommy Care Doc

Bitcoin will crashed to below $100 in March 2015 due to government auction of 50 thousand Bitcoin?

If you’ve been following Bitcoin news lately, you would know today US Government announced another 50 thousand Bitcoin to be auctioned to the public. How much Bitcoin does the US Government have anyways? We probably don’t know, but it appears that they have a lot of Bitcoin to be auctioned a little bit each time, every so often. Why don’t the government also auction marijuana? well see that’s the thing government accept Bitcoin existent.

Based on historical data, anytime there’s a big auction like this, 50 thousand Bitcoin, it will surely hurt Bitcoin price slowly. At first the people get panic selling, then some will short sell days before happening, then finally whoever won the auction will most likely sell it little by little and thus causing Bitcoin price to tumble.

So what will the Bitcoin price be after the auction completed on March 2015? – most speculated to be below $100, then a surge in buying will risen up the price of Bitcoin again. Single digit is possible, but it will not be $50 because at this price we would see big surge in purchasing Bitcoin and will cause the price to go up $100 to $200 real fast. However there could those with amount of purchasing power to buy and sell to make a profit, similar to arbitrage.

It is also possible, and hopefully it is, that one of the Bitcoin exchange business such as Bitstamp and Coinbase will enter the auction and win it, otherwise it will fall into the wrong hand and could do harm to Bitcoin. I’m not saying that Coinbase will not do harm, but I feel much safe and better if one of the well known Bitcoin exchange won it, especially coinbase which had been doing a lot of improvements and development to publicize Bitcoin.